Guide
Splitting rent fairly is one of the most common challenges for flatmates and roommates. This guide covers the most common methods and how to choose the right one for your situation.
The simplest method is to split rent equally across all flatmates. If rent is ₹30,000 and there are 3 flatmates, each pays ₹10,000.
This works best when all rooms are similar in size and all flatmates share common areas equally.
If rooms are different sizes, splitting equally may not be fair. Use the shares method to assign weighted shares based on room size.
For example, if one room is twice as large as the other, the person in the larger room could pay 60% while the other pays 40%.
In Tacth, use the shares split method and assign 3 shares to the larger room and 2 shares to the smaller room.
Some flatmates prefer to split rent based on income. If one person earns more, they contribute a higher percentage.
Use the percent split method in Tacth to assign percentage shares based on agreed-upon ratios.
Electricity, internet, water, and maintenance are often shared separately from rent.
Log each utility as a separate expense in Tacth so you can track and split each one independently.
Set up recurring monthly expenses for utilities so they're logged automatically.
Instead of tracking rent and utilities in spreadsheets, use Tacth to automate the process.
Create a household group, add recurring monthly expenses, and Tacth calculates who owes what each month.
Settle via UPI when it's time to square up.
It depends on your situation. Equal split is simplest, splitting by room size is fairer when rooms differ, and splitting by income works for some households. Choose what your group agrees on.
Use the shares method in Tacth. Assign more shares to larger rooms. For example, 3 shares for the master bedroom and 2 shares for the smaller room.
Utilities are usually split equally since everyone uses them similarly. Log each utility as a separate expense in Tacth.
Yes. Set up rent as a recurring monthly expense in Tacth and it's logged automatically each month.